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Wednesday
Nov232011

Washington sales tax: going up???

Earlier this week, Governor Gregoire proposed a supplemental budget for 2012.

The budget includes a proposal to increase the Washington sales tax by 0.5%.  The governor's office anticipates that by June 2013, this tax increase will raise almost $500 million.  

Applying this proposed increase to data compiled by the Tax Foundation in July, this will increase Washington's combined State and Local sales tax rate to 9.29%.  If this sales tax is passed, Washington will have the 2nd highest combined State and Local sales tax rate of all states.